The internet age has clearly arrived. Internet retailing amounts to nearly US$1 trillion in activity and Amazon is now only second to Walmart in the list of top global retailers. Developing countries are quickly leapfrogging developed ones thanks to the growth of mobile internet networks. Already nearly half of China’s US$293 billion internet retailing sales originate from a mobile device. Take into account all of the non-commercial uses for the internet and its importance balloons even more.
November 24, 20163 mins read